Poverty, Inequality and Development: Micro-Macro Perspectives and Linkages -- Erik Thorbecke: Growth and Roots -- On the Consistency of Poverty Lines -- Poverty Indices -- Should Poverty and Inequality Measures be Combined? -- Equality of What? Evidence from India -- Household Investments in Education and Income Inequality at the Community Level: Evidence from Indonesia -- Poverty Traps and Safety Nets -- Progress in the Modeling of Rural Households’ Behavior under Market Failures -- Labor Laws and Labor Welfare in the Context of the Indian Experience -- Macro Models and Multipliers: Leontief, Stone, Keynes, and CGE Models -- Multiplier Effects and the Reduction of Poverty -- Developing an Accounting Matrix for the Euro Area: Issues and Applications -- Globalization, Economic Reform, and Structural Price Transmission: Sam Decomposition Techniques with an Empirical Application to Vietnam -- Institutions, Factor Endowment and Inequality in Ghana, Kenya and Senegal -- Incentives, Inequality and the Allocation of Aid When Conditionality Doesn’t Work: An Optimal Nonlinear Taxation Approach -- Agricultural Research and Policy to Achieve Nutrition Goals -- Is Dualism Worth Revisiting?.

Traditionally, there have been two strands in the analysis of poverty, inequality and development – a micro strand that focuses on individual behavior, welfare economics and the measurement of inequality and poverty; and a macro strand that analyzes economy-wide policies and the role of institutions. This unique volume brings together both strands in a series of essays written by leading experts in the field of economic development. Topics include measurement issues, micro-behavior determinants of poverty outcomes, economy-wide models in the SAM-CGE tradition and the institutional framework underlying macro policies. Alain de Janvry teaches agricultural and resource economics at the University of California, Berkeley. Ravi Kanbur teaches applied economics at Cornell University.